June 4, 2014 (PLANSPONSOR.com) – An investment committee must focus on fiduciary considerations at all times. Care, diligence, prudence and paying reasonable expenses should constantly be invoked by its members.

March
24, 2014 (PLANSPONSOR.com) – Aggregate qualified retirement plan audit data
from the Department of Labor (DOL) shows that, of the 3,677 investigations
closed in 2013, violations were found nearly 73% of the time.

MARKET MIRROR

Yesterday, the Dow lost 125.44 points (0.50%) to finish at 25,187.70, the NASDAQ was down 19.40 points (0.25%) at 7,819.71, and the S&P 500 decreased 11.35 points (0.40%) to 2,821.93. The Russell 2000 fell 11.49 points (0.68%) to 1,675.32, and the Wilshire 5000 closed 137.98 points (0.47%) lower at 29,428.86.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 2.875%. The price of the 30-year Treasury bond decreased 9/32, bringing its yield up to 3.046%.